Novacap completed its largest acquisition at US $889 million

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Novacap, one of Canada's leading private equity firms, is proud to announce that its portfolio company Nuvei, a Montreal-based payment technology company, has completed the acquisition of SafeCharge International Group Limited for US $889 million. SafeCharge provides global omni-channel payments services from card acquiring and issuing to payment processing and checkout, all underpinned by advanced risk management solutions. Its fully featured proprietary payment platform connects directly to all major payment card schemes including Visa, Mastercard, American Express and UnionPay International, as well as over 150 local payment methods. The acquisition creates a global leading payment solutions provider with significant scale, able to service clients of any size across the world. Montreal, Quebec, will become the worldwide headquarters for the combined organization. Novacap played a critical role in this transformative and complex acquisition, which saw SafeCharge being privatized from the AIM stock exchange in London at a valuation of US $889 million. Nuvei's acquisition of SafeCharge was done with great support from Novacap and Caisse de dépôt et placement du Québec (CDPQ). false false false ABOUT NUVEI Nuvei is the first-ever community of payment experts. They provide fully-supported payment solutions designed to promote and advance our partners' success. Nuvei works with ISOs, ISVs, payment facilitators, developers, and eCommerce platforms, supporting them with the technology, expertise, and customer service they need to stand out. Backed by their full-service, globally connected platform, their vision is to build a network in which all partners can truly thrive. Nuvei's goal is to create bigger and better payment opportunities for all, paving the way to great partnerships. Learn more at www.nuvei.com ABOUT NOVACAP Founded in 1981, Novacap is a leading Canadian private equity firm with $3.2 billion of assets under management. Its distinct investment approach, based on deep operational expertise and an active partnership with entrepreneurs, has helped accelerate growth and create long-term value for its numerous portfolio companies. With an experienced management team and substantial financial resources, Novacap is well positioned to continue building world-class businesses. Backed by leading global institutional investors, Novacap's deals typically include leveraged buyouts, management buyouts, add-on acquisitions, IPOs, and privatizations. Over the last 38 years, Novacap has invested in more than 90 companies and completed more than 130 add-on acquisitions. The company has offices in Toronto, Ontario and Brossard, Quebec. For more information, please visit www.novacap.ca. ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at June 30, 2019, it held CAD 326.7 billion in net assets. As one of Canada’s leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. For more information, visit cdpq.com, follow us on Twitter @LaCDPQ or consult our Facebook or LinkedIn pages.